SilverCrest Metals (CVE:SIL) Shares Down 0.5% – Should You Sell?

SilverCrest Metals Inc (CVE:SIL – Get Free Report) shares dropped 0.5% on Tuesday. The company traded as low as C$8.08 and last traded at C$8.52. Approximately 246,455 shares were traded during mid-day trading, an increase of 58% from the average session volume of 156,209 shares. The stock had previously closed at C$8.56.

SilverCrest Metals Trading Down 0.5%

The business has a 50 day simple moving average of C$8.52 and a 200-day simple moving average of C$8.52. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.43 and a current ratio of 5.50. The stock has a market capitalization of C$1.25 billion and a P/E ratio of -83.53.

SilverCrest Metals Company Profile

(Get Free Report)

SilverCrest Metals Inc. acquires, explores for, and develops precious metal properties in Mexico. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 28 concessions totaling approximately 1,401 hectares located in Sonora, Mexico. SilverCrest Metals Inc. was incorporated in 2015 and is headquartered in Vancouver, Canada.

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